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Vitek1552 [10]
4 years ago
7

Assume that Jack and Hal and Sophia enter into an agreement for the sale of the restaurant. Hal and Sophia get a loan from the F

ourth National Bank to pay for it. When their first payment is due, however, they get a letter from Bank of North America stating that they bought the loan from Fourth National Bank. Which of the following is true?
A. Fourth National Bank made a delegation.
B. Bank of North America became an incidental third party beneficiary.
C. Fourth National Bank made an assignment.
D. Bank of North America became an intended third party beneficiary.
Business
1 answer:
QveST [7]4 years ago
6 0

Answer:

The best answer would be C. Fourth National Bank made an assignment.

Explanation:

The Fourth National Bank made an allocation of the loan as it was belonging to the Bank of North America stating that they got a loan.

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Define organization and explain three of the characteristics of organization. Give three examples of organizations, try to inclu
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Answer:

Organization is arranging or coordinating especially in a business, society, or association aspect. Examples of organization could be:

1. Arranging a group of people who work in specific studies

2. Taking books by their genre, and putting them together

3. The economic pyramid, is the perfect example of an organization. Defining society by class.

5 0
2 years ago
Suppose that the pre-tax price of gasoline is $1 per gallon. A tax of $0.50 is imposed and is paid by consumers to the governmen
charle [14.2K]

Answer:

$1.25

Explanation:

Data provided in the question:

The pre-tax price of gasoline = $1 per gallon

Imposed tax per gallon = $0.50

Now,

The total tax burden on the consumer is $0.50

considering the condition that the consumer tax burden is equal to the producer tax burden

The total tax burden will be divided in equal parts to the consumer and the producer

Thus,

The equal tax burden will be = [ Total tax burden ] ÷ 2

= $0.50 ÷ 2

= $0.25

Hence,

The gross price of gasoline after the tax will be = $1 + $0.25

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4 years ago
An insured's CGL has a Products and Completed Operations Aggregate Limit of $100,000 with a $20,000 limit per occurrence. Follow
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Answer:

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Explanation:

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The iPod is a very popular item among people of all ages. The demand is continuing to grow. The iPod's introductory price was ar
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Answer:

E. Skimming Pricing.

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4 years ago
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Answer:

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= 1 + (1,200 - 690) / 950

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b. NPV

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Look at attached picture

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d. Incremental IRR

Look at attached picture

= 27%

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